APCRDA Approves Rs 9.04 Bn to Upgrade Infrastructure in 29 Amaravati Villages

19 Aug 2025 CW Team

The Andhra Pradesh Capital Region Development Authority (APCRDA), chaired by Chief Minister N Chandrababu Naidu, has approved Rs 9.04 billion for addressing key infrastructure gaps in 29 villages within Amaravati’s greenfield capital area, announced Municipal Administration Minister P. Narayana at the 51st CRDA meeting.

The funds will be used to upgrade critical facilities including roads, drains, drinking water supply, sewerage systems, and street lighting. A detailed assessment revealed a 30 per cent shortfall in water supply, a total absence of sewerage infrastructure, a 40 per cent deficiency in road development, and a 10 per cent shortfall in street lighting across these villages.

Based on these findings, Rs 640 million is allocated for water supply improvements, Rs 1.11 billion for sewerage, Rs 3.39 billion for roads, and Rs 120 million for street lighting. These allocations also cover maintenance and operational expenses for seven years.

The upgraded village infrastructure will connect seamlessly to Amaravati’s existing 360 km of trunk roads and 1,500 km of layout roads, alongside parallel drains, power, and water lines.

The CRDA will forward these decisions to the cabinet for approvals regarding loans, tenders, and project execution. Additionally, 78 acres in Mangalagiri have been pooled to develop a gems and jewellery park, expected to attract Rs 50 million in investments and create 20,000 jobs. Land allocations were also made for private colleges and a bioengineering university planned within Amaravati.

Minister Narayana stated that Chief Minister Naidu has instructed all capital city construction projects to be executed with urgency to complete them within this season, aiming to shape Amaravati’s development swiftly.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..